The advancement in technology, especially Internet and Information Technology has led to new ways of doing business in banking. These technologies have cut down time, working simultaneously on different issues and increasing efficiency. The core banking software is installed at different branches of bank and then interconnected by means of communication lines like telephones, satellite, internet etc.
C-Edge has innovated Comprehensive Core Banking Services, on an outsourced Application Service Provider (ASP) model to enable your bank to integrate all your branches and have a single view of the bank for effective management and control. It combines IT services, networking and core banking application infrastructure in a bundle, which helps you to run your bank efficiently and in a cost-effective manner. Core Banking Solution that C-Edge offers on ASP is TCS BaNCS Software, an internationally renowned solution already adopted by 116 banks in 35 countries, including India, where it forms core of State Bank of India and its 6 Associates Banks domestic banking. This service has been customized to meet the specific requirements of Urban, District Co-operative Banks and Regional Rural Banks in India.
C-Edge ASP Core Banking Solution offerings includes
- Reliable, scalable and secure hardware infrastructure
- Customer centric solution to enable cross-selling.
- Data center & disaster recovery center
- Daily and periodic operations
- Report generation & distribution
- Application maintenance / support
- Guaranteed uptime for application & services
- Service level agreement
Application Service Provider Model Benefits
- Improved Operational Efficiency
- Competitive Prices and Cost Efficiency.
- No Concern of Technology Obsolescence
- Browser Based Front End
- Assured Security of Data & Information Confidentiality
- Optimization of Resources
- Volume Scalability
- Supports Multiple Delivery Channels
- Reduced Transaction Cost
- Integrated Quality Process and In-House Productivity Tool
- Global Resource Pool and Structured Teams
- SLA Monitoring and Full Compliance with Regulations
- Seamlessly Integrated with Core Banking Solution & Other Channels
- Ready to Use Infrastructure and Available on Cloud
- Regular Functional Upgrades and Secure Application
- Efficient Project Management and Data Migration
- Interfaces to External Delivery Channels
- Managed Multi-Level Desk for Operational Support